4 Retail Underwriting Jobs

As an individual in this role, you will be instrumental in the development of underwriting guidelines for each product to enhance profitability. Your responsibilities will include conducting regular market mapping exercises to both increase market share and uphold profitability levels. It is essential to ensure smooth operations across various functions that impact the team's deliverables. You will also be required to address customer grievances related to miss-selling and manage technical system dependencies to meet targeted Turnaround Time (TAT). In this position, you will have the authority to underwrite transactions within specified limits and handle recommendations for transactions that exceed these limits. Resolving escalations in a timely and appropriate manner will be a key aspect of your duties. Understanding system requirements thoroughly and participating in User Acceptance Testing (UAT) to validate the accurate delivery of requirements will also be part of your role. Your role will involve conducting due diligence and scrutiny to uphold controlled loss ratios and rejection percentages. Additionally, you will work on tasks and projects aimed at enhancing process efficiency and productivity within the organization. The ideal candidate for this role should possess technical skills in Retail Underwriting and Underwriting, along with soft skills such as effective communication, problem-solving abilities, interpersonal skills, and analytical thinking. A minimum of 2 years of relevant experience is required for this position. The educational qualification specified for this role is any graduate degree.,

. Role & responsibilities Develop and maintain clear underwriting guidelines and policies for the Commercial Lines team, ensuring they align with company objectives and industry best practices. Provide technical expertise and support to underwriters in evaluating complex or high-value commercial insurance risks to ensure sound underwriting decisions. Analyze the commercial insurance portfolio to maintain a balanced mix of risks, optimize profitability, and achieve target loss ratios. Collaborate with actuarial teams to establish competitive and sustainable pricing for various commercial insurance products. Implement risk mitigation strategies and loss control measures to reduce the frequency and severity of commercial insurance claims. Provide training and development opportunities to underwriting teams to enhance their technical underwriting skills and knowledge. Conduct regular underwriting audits and quality assurance checks to ensure adherence to underwriting guidelines and compliance with regulatory requirements. Collaborate with product development teams to identify opportunities for enhancing existing commercial insurance products or developing new ones to meet market demands. Collaborate with the claims team to provide technical guidance on complex or contentious commercial insurance claims, ensuring fair and accurate claim settlements. Conduct market research to identify emerging trends, competitor offerings, and potential growth areas in the commercial insurance market. Foster strong relationships with brokers, clients, and reinsurers to enhance business partnerships and provide exceptional customer service. Ensure all commercial underwriting practices comply with regulatory requirements and industry guidelines. Utilize data analytics and risk modeling to make informed and data-driven underwriting decisions for commercial insurance. Lead and mentor the underwriting team in the Commercial Lines division, fostering a collaborative work environment and promoting professional growth

Senior Underwriter Retail Commercial Property | General Insurance | 3-5 Years - Ahmedabad Summary: A great opportunity for experienced underwriters to join a reputed general insurance player, handling retail commercial property underwriting . The role involves underwriting Fire, IAR, Burglary, and SME property insurance policies for small and medium businesses like retail shops, offices, godowns, and housing societies. Location: Ahmedabad Future Employer: A reputed, fast-growing general insurance company Key Responsibilities: Underwriting and reviewing retail property insurance proposals for Fire, IAR, and Burglary policies. Assessing risks based on occupancy, construction, location, claims history, and exposure type. Recommending premiums, deductibles, warranties, and coverage conditions for retail business risks. Coordinating with agents, brokers, POSPs, and internal teams for quote issuance and documentation. Monitoring underwriting performance, claims ratios, and loss trends within the retail portfolio. Ensuring compliance with underwriting manuals, reinsurance guidelines, and regulatory norms. Requirements: 3-5 years of underwriting experience in retail commercial property insurance . Good knowledge of Fire, IAR, Burglary, and SME property products . Strong risk evaluation and decision-making skills . Proficient in handling insurance pricing and policy structuring . Comfortable with broker, POSP, and agent coordination . Well-versed with IRDAI guidelines and regulatory compliance . Whats in it for you? Opportunity to work with one of Indias dynamic, growing general insurers. Exposure to underwriting a wide range of retail and SME property risks . Fast-track growth opportunities within the commercial underwriting vertical. Flexible, modern work culture built on digital processes and operational agility. Reach us - If you think this role is aligned with your career, kindly write me an E-Mail along with your updated CV on nandini.narula@ crescendogroup.in for a confidential discussion on this role. Keywords: Retail Underwriting, Property Underwriting, Fire Insurance, IAR Insurance, Burglary Insurance, SME Insurance, Risk Assessment, POSP Underwriting, General Insurance, Insurance Pricing

Portfolio Management Underwriting measures to ensure that risks are analyzed appropriately to avoid future losses Improvements for an increase in business Volumes Analysis for monitoring of Portfolio